Series 28: Exercise

Exercise

Answer the following questions

1. 1. Which type of broker-dealers must file compliance reports: carrying broker-dealers or introducing broker-dealers?
2. 2. Compliance reports describe a firm’s compliance to what?
3. 3. When must a firm’s independent public accountant file her audit of the firm’s compliance or exemption report?

Answers

1. 1. Carrying broker-dealers. Incidentally, here’s a useful mn